North Atlantic Smaller Cos (LON:NAS) Stock Passes Below 200-Day Moving Average – Should You Sell?

North Atlantic Smaller Cos (LON:NAS) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,915.93 ($47.64) and traded as low as GBX 3,661.20 ($44.55). North Atlantic Smaller Cos shares last traded at GBX 3,670 ($44.65), with a volume of 18,128 shares changing hands.

North Atlantic Smaller Cos Stock Down 3.2 %

The company’s fifty day moving average price is GBX 3,758.84 and its two-hundred day moving average price is GBX 3,915.93. The firm has a market cap of £487.38 million, a PE ratio of 22,937.50 and a beta of 0.77.

Insider Activity at North Atlantic Smaller Cos

In other news, insider Peregrine D. E. M. Moncreiffe bought 400 shares of North Atlantic Smaller Cos stock in a transaction on Thursday, October 24th. The shares were bought at an average cost of GBX 3,842 ($46.75) per share, for a total transaction of £15,368 ($18,698.14). Company insiders own 40.37% of the company’s stock.

About North Atlantic Smaller Cos

NASCIT is a special situations investment trust dedicated to a long-term capital appreciation objective, to achieve positive absolute returns for shareholders with low correlation to the overall market.

North Atlantic Smaller Companies Investment Trust PLC (‘NASCIT’) targets capital appreciation for its shareholders through investing primarily in smaller cap public and unquoted companies.